Flutter Entertainment (FLUT) Q3 FY2026 earnings: revenue $3.9 billion, up 2.1% on the year
Flutter Entertainment plc (FLUT) reported revenue of $3.9 billion for Q3 FY2026, the quarter ended 30 September 2026, up 2.1% on the same quarter a year earlier. Net income was -$862 million, and diluted earnings per share $-4.90. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.
Revenue
$3.9 billion
+2.1% on the year · -10.4% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
-30.7%
-22.0% a year earlier
Q4 FY2024Q3 FY2026
Net income
-$862 million
Q4 FY2024Q3 FY2026
Diluted EPS
-$4.90
Q4 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
Group revenue up, adjusted EBITDA down: Group revenue was $3,874m, up 2%. Group adjusted EBITDA was $360m, down 25%, on factors covered in the segment sections.
Brazil impairment drives the charge: Non-cash impairment of $873m related to Brazil, reflecting trading conditions and the Provisional Measure. Of the post-tax charge, $537m was attributable to Flutter.
US revenue up, EBITDA falls to $3m: US revenue was $1,455m, up 6%. US adjusted EBITDA fell to $3m, down 94%, after investment in prediction markets and the Alberta launch.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
211
363
209
-41.9%
+1.0%
Capital expenditure
20.0
14.0
13.0
+42.9%
+53.8%
Free cash flow
191
349
196
-45.3%
-2.6%
Free cash flow margin
4.9%
8.1%
5.2%
Cash from investing
-182
-170
-170
Cash from financing
270
-55.0
255
+5.9%
Depreciation and amortisation
405
399
419
+1.5%
-3.3%
Share-based compensation
59.0
68.0
71.0
-13.2%
-16.9%
Buybacks
0.0
129
261
Diluted shares, weighted
176m
175m
176m
+0.6%
0.0%
Shares outstanding at period end
174m
174m
175m
+0.2%
-0.8%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
7,922
8,750
9,244
-9.5%
-14.3%
Non-controlling interest
234
228
190
+2.6%
+23.2%
Redeemable equity
112
377
485
-70.3%
-76.9%
Debt
12,313
11,978
12,099
+2.8%
+1.8%
Operating lease liabilities
417
428
458
-2.6%
-9.0%
Other liabilities
6,436
6,449
6,863
-0.2%
-6.2%
Total liabilities and equity
27,434
28,210
29,339
-2.8%
-6.5%
Fixed assets
544
575
615
-5.4%
-11.5%
Goodwill
15,046
15,622
15,804
-3.7%
-4.8%
Intangible assets
5,952
6,480
7,241
-8.1%
-17.8%
Investments
15.0
11.0
33.0
+36.4%
-54.5%
Cash and equivalents
1,708
1,563
1,727
+9.3%
-1.1%
Receivables
129
130
158
-0.8%
-18.4%
Other assets
4,040
3,829
3,761
+5.5%
+7.4%
Total assets
27,434
28,210
29,339
-2.8%
-6.5%
Questions
What was Flutter Entertainment's revenue in Q3 FY2026?
Flutter Entertainment (FLUT) reported revenue of $3.9 billion for Q3 FY2026, the quarter ended 30 September 2026, up 2.1% on the same quarter a year earlier.
How much did Flutter Entertainment earn in Q3 FY2026?
Net loss for Q3 FY2026 was $862 million, and the diluted loss per share $4.90.
When did Flutter Entertainment report Q3 FY2026 results?
Flutter Entertainment filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 4 November 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 30 September 2026, filed 4 November 2026: the filing.